Details of the New Offer In the new offer CN will schedule days off and would pay a higher rate for any work over 10 hours in a shift with a maximum of 12 hours per shift for employees in Western Canada, which is compliant with the maximum on-duty period under the Duty and Rest Period Rules. All employees will keep their existing 10 paid leave days, their existing 10 paid medical leave days, their existing vacation allotment, their existing statutory holidays, and their rest at their home terminal. Other ch ...

MONTREAL, May 14, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that the tentative agreement between CNTL, a CN subsidiary dedicated to first and last mile trucking container pickup and deliveries, and owner-operators affiliated with Unifor has been ratified. This four-year agreement covers approximately 750 owner-operators under contract with CNTL in Canada until December 31, 2027. CN is a world-class transportation leader and trade enabler. Essential to the economy, to the customers, an ...

FLAT ROCK, Mich., May 14, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) is proud to announce the grand opening of its new transload logistics facility in Flat Rock, Michigan. Target Steel, the facility's first customer, will convert a large part of their traffic from trucks to rail for steel coils. This resulting streamlining of operations and removal of a substantial number of heavy weight trucks off highways, is expected to reduce related greenhouse gas emissions by up to 75%. "We are excited to open t ...

MONTREAL, May 13, 2024 (GLOBE NEWSWIRE) -- Ghislain Houle, Executive Vice-President and Chief Financial Officer and Derek Taylor, Executive Vice-President and Chief Field Operating Officer of CN (TSX:CNR) (NYSE:CNI), will address the 17th Annual Wolfe Research Global Transportation & Industrials Conference on May 22, 2024, starting at 9:10 a.m. Eastern Time (ET). CN will provide a live webcast via the Investors section of its website at www.cn.ca/investors. A replay of the webcast will be available followin ...

MONTREAL, May 10, 2024 (GLOBE NEWSWIRE) -- Today, CN (TSX:CNR) (NYSE:CNI) announced a pledge of $10 million (CAD) over ten years to support disaster relief initiatives across North America. This funding underscores CN's commitment to assisting communities affected by natural disasters and the impacts of climate change. The frequency and intensity of extreme weather events have dramatically increased over the last decade, impacting communities and placing significant strain on the non-profit organizations th ...

MONTREAL, May 09, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) and Kevric jointly announced today that CN will relocate its headquarters to Kevric's 600 DLG project, located at 600 De La Gauchetière West. The 20-year lease begins in 2028 and covers the building's first 18 floors, totaling more than 440,000 square feet. CN will start moving certain departments as of 2026. "CN has been part of downtown Montreal's DNA for over 100 years. Maintaining our headquarters' presence in the city's core is integral ...

MONTREAL, May 08, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced the winners of its Safe Handling Award for 2023. CN's Safe Handling Award is presented to customers who load freight cars with dangerous goods and meet strict standards for the safe handling and shipment of regulated products. The winners must meet established criteria, according to the total number of shipments of dangerous goods for all facilities. The Safe Handling Award goes hand in hand with CN's goal to become the safes ...

MONTREAL, May 07, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that CNTL, a CN subsidiary dedicated to first and last mile trucking container pickup and deliveries, has reached a second tentative agreement with owner-operators affiliated with Unifor. The first tentative agreement, announced on January 17,2024, was not ratified. This four-year agreement covers approximately 750 owner-operators under contract with CNTL in Canada until December 31, 2027. About CNCN is a world-class transpor ...

MONTREAL, May 01, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) announced today that its new three-year collective agreement with the United Steelworkers (USW) Local 2004, was formally ratified by union members on Monday April 29th, 2024. The USW represents approximately 2,500 track and bridge employees at CN, primarily responsible for track maintenance across Canada. "We're pleased to have reached this new collective agreement through collaborative negotiations. It is a testament to our commitment to in ...

MONTREAL, April 30, 2024 (GLOBE NEWSWIRE) -- CN (TSX:CNR) (NYSE:CNI) today announced a public debt offering of C$700 million 4.60% Notes due 2029, and C$550 million 5.10% Notes Due 2054. CN expects to close the offering on May 2, 2024, subject to customary closing conditions. CN plans to use the net proceeds from the offering for general corporate purposes, which may include the redemption and refinancing of outstanding indebtedness, share repurchases, acquisitions and other business opportunities.The debt ...